Immobalko

Brač · Central Dalmatia · Croatia

Brac, old stone house for sale, 690.000 €

For sale · House · Reference IB-16377

€690,000

Key facts

Price
€690,000
Price per m²
€8,734/m²
Living area
79 m²
Plot area
6,000 m²
Rooms
1
Bathrooms
1
73% above the regional average (Region average: €5,049/m²)Online for 1 day

Investment overview

Estimated gross yield

2.4%

Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 79 m² that works out to roughly €1,360 per month and €16,317 per year. See market data for this region

Estimated from asking rents. Not a guarantee of achievable rent.

Not included in the yield

Real estate transfer tax of 3 percent, notary, lawyer and commission, plus ongoing operating and management costs, vacancy, maintenance, tax on rental income and financing costs.

The net yield is therefore regularly well below this figure.

What we deliberately do not calculate
  • Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
  • Occupancy and seasonality. That would need booking data, which we do not collect.
  • Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
  • Net yield. It depends on closing costs, tax rate and financing of the individual buyer.

These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.

Description

Beautiful stone house in an olive grove with a sea view. In the heart of Mediterranean nature, among olive trees and other Mediterranean fruit trees, is located this beautiful authentic stone house that combines traditional charm and comfort. The property extends over a spacious plot of 6,000 m2 full of well-kept olive trees, pomegranate trees, linden, quince, fig trees, and the plot offers a breathtaking view of the sea. The house is built of natural, Brač stone with great attention to detail and quality of workmanship. The interior is equipped with quality custom-made furniture, which perfectly follows the rustic style, but provides all the necessary comfort of modern life. The house consists of a kitchen, dining area that can also be a living room, bedroom, bathroom and storage room. For a better atmosphere in the living area, there is a fireplace and a wood-burning stove. The living area is air-conditioned. In front of the house is a beautiful, comfortable space for socializing with a large table and a covered porch. In the yard there is a traditional bread oven, ideal for preparing homemade meals and socializing outdoors. Fans of local customs will enjoy the landscaped boules playground, which further contributes to the authentic Mediterranean atmosphere of how people used to live and have fun. There is also an outdoor fireplace and an old-fashioned water fountain. No expense was spared in the construction of the house and the surroundings. The house has a lightning rod. Electricity is city and water is from a 90,000-liter reservoir. There is also a basement, storage room and a tool shed. The olive and fruit trees are watered using a drip system. Plenty of parking space is provided for guests and family, and the entire plot provides a sense of privacy, peace and connection with nature. Whether you are looking for a peaceful vacation oasis, a house for living in nature or an authentic villa for tourist rental - this property represents a unique opportunity.

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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